Mathematics · Mathematical Economics and Calculus
What is the Marginal Revenue (MR) function if the demand function (price P) of a commodity is given by P = 100 - 2Q?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1MR = 50 - Q
- 2MR = 100 - 2Q
- 3MR = 100 - 4Q✓
- 4MR = 100Q - 2Q2
Correct answer
MR = 100 - 4Q
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